Mapletree Industrial Trust completes joint purchase of 14 US data centres for $753m

Photographer: Simon Dawson/Bloomberg

Real estate investment trust company Mapletree Industrial Trust (MIT) has completed the joint purchase of 14 data centres in the US, the firm today announced. The deal – which was done through an unlisted single purpose trust, Mapletree Redwood Data Centre Trust – was valued at a total of $753.8 million.

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